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Saturday, 4 April 2020

Delta Air Lines (NYSE: DAL): 4 April 2020, Saturday, 11.35am Singapore Time

Delta Air Lines (NYSE: DAL):
4 April 2020, Saturday, 11.35am Singapore Time
(Click on the Technical Chart Above to Expand)

Attached is the Technicals of Delta Air Lines that is listed in the US Market of NYSE.
The uptrend of Delta Air Lines in yellow has ended. The rooting Long Term Classical Line has been broken down as well. Rooting lines must never be broken down, and in this case here, the root has been taken out. This would yield a long term downtrend with big room down for Delta Air Lines.
First target price: half price of $24 region (trend determinant line) yielding a 1st TP of $12.00.
Second target price if $12.00 psychological support cannot hold:
long term support of $3.12 as 2nd TP.

Highly Bearish

DISCLAIMER

This analysis site, as well as the analyses in it, is created for the sole purpose of education, discussion, fundamental analysis knowledge sharing, technical analysis knowledge sharing, funds flow analysis knowledge sharing, general skills-knowledge sharing and opinions sharing. The contents of this blog are not to be taken as investment advice or inducement to trade, and I take no responsibility for any gains or losses as a result of reading my analyses, judgements and opinions. In essence, practise due diligence. 

Singapore Airlines (SIA): 4 April 2020, Saturday, 11.00am Singapore Time


Singapore Airlines (SIA):
4 April 2020, Saturday, 11.00am Singapore Time
(Click on the Technical Chart Above to Expand)

Attached is the Technicals of Singapore Airlines, the top 3 airlines in the world.
It gives a possible glimpse to the plight of all airlines in this world. When the strongest in the world are in bad state, the weak ones would be worse. For Singapore Airlines' stock price action, the red zone at around $5.75 is where smarter monies would be very ready and eager to get out, sell or take shorts. It is an immensely high pressure selling zone. This zone had been tested repeatedly and has been proven successful. This means that the peak of escape wave can now be confirmed and the projection for next immediate target can now be confirmed. The next immediate target for Singapore Airlines would be $4.36. The bear flag is looking ready to execute the next slam dunk now.

Highly Bearish

DISCLAIMER

This analysis site, as well as the analyses in it, is created for the sole purpose of education, discussion, fundamental analysis knowledge sharing, technical analysis knowledge sharing, funds flow analysis knowledge sharing, general skills-knowledge sharing and opinions sharing. The contents of this blog are not to be taken as investment advice or inducement to trade, and I take no responsibility for any gains or losses as a result of reading my analyses, judgements and opinions. In essence, practise due diligence. 

Wednesday, 18 March 2020

European Banks especially Deutsche Bank (NYSE: DB): 18 March 2020, Wednesday

Deutsche Bank (NYSE: DB): 
18 March 2020, Wednesday
(Click on Technical Chart above to Expand)

Attached is the Technicals for Deutsche Bank (NYSE: DB; listed in Germany and also listed in US Market). Deutsche Bank is in serious trouble based on Technical Price Actions.

In addition, below are Europe's top 10 riskiest banks in 2019.
(They may have intense corona selling pressure) 1. Deutsche Bank (2019 Assets $1501.2 billion) 2. DZ bank (2019 Assets $562.4 billion) 3. Societe Generale (2019 Assets $1457.7 billion) 4. Groupe BPCE (2019 Assets $1417.6 billion) 5. BNP Paribas (2019 Assets $2271.8 billion) 6. Caixa Bank (2019 Assets: $430 billion) 7. Lloyds (2019 Assets $780.6 billion) 8. UBS (2019 Assets: $1066.8 billion) 9. Commerzbank (2019 Assets: $514.5 billion) 10. Barclays (2019 Assets: $859.7 billion)

Their clutches have melted.
Someone out of the 10 above may collapse like corona-pneumonia.

The Donovan Norfolk Technical Rating for European Banks and Deutsche Bank:
High Bearishness

DISCLAIMER
This analysis site, as well as the analyses in it, is created for the sole purpose of education, discussion, fundamental analysis knowledge sharing, technical analysis knowledge sharing, funds flow analysis knowledge sharing, general skills-knowledge sharing and opinions sharing. The contents of this blog are not to be taken as investment advice or inducement to trade, and I take no responsibility for any gains or losses as a result of reading my analyses, judgements and opinions. In essence, practise due diligence. 

Wednesday, 19 February 2020

Technicals of Reckitt Benckiser (London Stock Exchange: RB): 19 February 2020, 12.22am Singapore Time

Technicals of Reckitt Benckiser (London Stock Exchange: RB):
19 February 2020, 12.22am Singapore Time
(Click on the Technical Chart Above to Expand)

Attached is the Technicals of Reckitt Benckiser Group (London Stock Exchange: RB). Reckitt Benckiser is the owner of Vanish, and disinfectants and antiseptics such as Dettol, Lysol etc. I am extremely bullish of this company and based on the technical projection, it could hit 12,000 in the foreseeable future. Bullish, with a current rounding bottom of re-accumulation which is completing. 

DISCLAIMER

This analysis site, as well as the analyses in it, is created for the sole purpose of education, discussion, fundamental analysis knowledge sharing, technical analysis knowledge sharing, funds flow analysis knowledge sharing, general skills-knowledge sharing and opinions sharing. The contents of this blog are not to be taken as investment advice or inducement to trade, and I take no responsibility for any gains or losses as a result of reading my analyses, judgements and opinions. In essence, practise due diligence. 

Monday, 17 February 2020

Updated Daily and Weekly Technicals of Wheat (with implication for Wheat ETFs): 17 February 2020

Updated Daily and Weekly Technicals of Wheat (with implication for Wheat ETFs):
17 February 2020
(Click on the Technical Chart Above to Expand)

Attached is the Updated Daily and Weekly Technicals of Wheat.
The locust plaque (400,000 million locusts / 400 billion locusts) affecting East Africa, West Asia, South Asia and an impending risk to China will cause crop supplies to further tighten worldwide. This is in addition to the already unfriendly heat waves and forest fires in Southern Hemisphere. Based on technicals, I am hyper bullish on grains, rices, crops, wheat and food. Expect a super soaring rally on wheat and wheat ETFs such as those listed in the US markets.

The Donovan Norfolk Technical Rating:
Bullish

All Past Fulgent Genetics Analyses:
https://donovan-ang.blogspot.com/search/label/Fulgent%20Genetics

DISCLAIMER

This analysis site, as well as the analyses in it, is created for the sole purpose of education, discussion, fundamental analysis knowledge sharing, technical analysis knowledge sharing, funds flow analysis knowledge sharing, general skills-knowledge sharing and opinions sharing. The contents of this blog are not to be taken as investment advice or inducement to trade, and I take no responsibility for any gains or losses as a result of reading my analyses, judgements and opinions. In essence, practise due diligence. 

Thursday, 13 February 2020

Updated Technicals of Fulgent Genetics (NASDAQ: FLGT): 13 February 2020

Updated Technicals of Fulgent Genetics (NASDAQ: FLGT):
13 February 2020
(Click on the Technical Chart Above to Expand)

Attached is the Updated Technicals of Fulgent Genetics (NASDAQ: FLGT). Fulgent is on a powerful uptrend channel as shown. It is repeating the break-ups of pink resistances while at yellow trendline supports (refer to all 3 circled regions in dark green). It has broken up light green resistances and is now making it the support. Price Actions with respect to Linear Regression is bullish, of buying mode, and aggressive. The breakup of light green resistance was done using cup and handle re-accumulation. Consistent re-accumulation within the yellow channel is persistent and relentless. If you had bought with me at $4.79 , your returns is now +350% now. You can expect your returns to be +1000%, i.e. another more than 200% returns from current point.

The Donovan Norfolk Technical Rating:
Bullish

All Past Fulgent Genetics Analyses:
https://donovan-ang.blogspot.com/search/label/Fulgent%20Genetics

DISCLAIMER

This analysis site, as well as the analyses in it, is created for the sole purpose of education, discussion, fundamental analysis knowledge sharing, technical analysis knowledge sharing, funds flow analysis knowledge sharing, general skills-knowledge sharing and opinions sharing. The contents of this blog are not to be taken as investment advice or inducement to trade, and I take no responsibility for any gains or losses as a result of reading my analyses, judgements and opinions. In essence, practise due diligence. 

Sunday, 9 February 2020

Updated Technicals of Hong Kong Hang Seng Index (HSI): 9 February 2020

Updated Technicals of Hong Kong Hang Seng Index (HSI):
9 February 2020
(Click on the Technical Chart Above to Expand)

Attached is the updated Technicals of Hang Seng Index. After analysing for taking of shorts on Hong Kong at the higher points and analysing for taking of profits at the breakdown region in green, I am reversing my neutrality on Hong Kong and China markets and am turning bearish of Hong Kong and China markets again. The illustrated technicals show where high selling pressure zones for HK Hang Seng Index is presenting and where sellers are expected to take control again in the markets in China and Hong Kong. I am expecting more chaos in Hong Kong again. The orange region also further highlights confluence of numerous selling pressure in the technicals for Hong Kong and China region. I am flipping back to bearishness for Hong Kong and China. Unload Hong Kong and China stocks and establish shorts on Hong Kong / China. 

DISCLAIMER

This analysis site, as well as the analyses in it, is created for the sole purpose of education, discussion, fundamental analysis knowledge sharing, technical analysis knowledge sharing, funds flow analysis knowledge sharing, general skills-knowledge sharing and opinions sharing. The contents of this blog are not to be taken as investment advice or inducement to trade, and I take no responsibility for any gains or losses as a result of reading my analyses, judgements and opinions. In essence, practise due diligence. 

Wednesday, 5 February 2020

Updated Technicals of Wheat: 5 February 2020

Updated Technicals of Wheat:
5 February 2020
(Click on the Technical Chart Above to Expand)

Attached is the updated Technicals of Wheat.
ONE PHRASE:
It is going to super soar to the moon.
Buy wheat, wheat ETFs listed in the US markets and wheat related stocks.

The Donovan Norfolk Technical Rating:
Very Bullish

DISCLAIMER

This analysis site, as well as the analyses in it, is created for the sole purpose of education, discussion, fundamental analysis knowledge sharing, technical analysis knowledge sharing, funds flow analysis knowledge sharing, general skills-knowledge sharing and opinions sharing. The contents of this blog are not to be taken as investment advice or inducement to trade, and I take no responsibility for any gains or losses as a result of reading my analyses, judgements and opinions. In essence, practise due diligence. 

Monday, 3 February 2020

Updated Technicals of Gold: 3 February 2020

Updated Technicals of Gold:
3 February 2020
(Click on the Technical Chart Above to Expand)

Attached is the updated Technicals of Gold.
All illustrations are as on Technical Chart.
Next target: $1650 and $1700.
Gold will break out of $2000 psychological resistance.

The Donovan Norfolk Technical Rating:
Bullish

DISCLAIMER

This analysis site, as well as the analyses in it, is created for the sole purpose of education, discussion, fundamental analysis knowledge sharing, technical analysis knowledge sharing, funds flow analysis knowledge sharing, general skills-knowledge sharing and opinions sharing. The contents of this blog are not to be taken as investment advice or inducement to trade, and I take no responsibility for any gains or losses as a result of reading my analyses, judgements and opinions. In essence, practise due diligence. 

Sunday, 2 February 2020

Technicals of Hong Kong Hang Seng Index (HSI): 2 February 2020

Technicals of Hong Kong Hang Seng Index (HSI):
2 February 2020
(Click on the Technical Chart Above to Expand)

Attached is the Technicals of Hang Seng Index. The Hang Seng Index is bottoming out per my last week's live analysis to take profits of all Hang Seng Index shorts on fear as posted on my FB Wall updates (refer blue circled region and my FB Wall). The updated expected trajectory for Hang Seng Index is now as illustrated in light orange. Continue to take all shorting profits amidst maximum gloom, doom and fear amongst the herd in HK-China. Most people are short-selling confidently amidst the fear, hence one should not be bearish anymore as the worst could be over when fear is at capitulation point now.

DISCLAIMER

This analysis site, as well as the analyses in it, is created for the sole purpose of education, discussion, fundamental analysis knowledge sharing, technical analysis knowledge sharing, funds flow analysis knowledge sharing, general skills-knowledge sharing and opinions sharing. The contents of this blog are not to be taken as investment advice or inducement to trade, and I take no responsibility for any gains or losses as a result of reading my analyses, judgements and opinions. In essence, practise due diligence. 

Wednesday, 29 January 2020

Technicals of Fulgent Genetics (NASDAQ: FLGT): 29 January 2020


Technicals of Fulgent Genetics (NASDAQ: FLGT):
29 January 2020
(Click on the Technical Chart Above to Expand)

Attached is the Technicals of Fulgent Genetics (NASDAQ: FLGT).
Trinity of Special Forces with purposeful consolidation.

The Donovan Norfolk Technical Rating:
Bullish

DISCLAIMER

This analysis site, as well as the analyses in it, is created for the sole purpose of education, discussion, fundamental analysis knowledge sharing, technical analysis knowledge sharing, funds flow analysis knowledge sharing, general skills-knowledge sharing and opinions sharing. The contents of this blog are not to be taken as investment advice or inducement to trade, and I take no responsibility for any gains or losses as a result of reading my analyses, judgements and opinions. In essence, practise due diligence. 

Monday, 20 January 2020

Technicals of JD.com (NASDAQ: JD) for Trading: 20 January 2020


Technicals of JD.com (NASDAQ: JD) for Trading:
20 January 2020
(Click on the Technical Chart Above to Expand)

Attached is the Technicals for JD.com (Chinese E-commerce titan). China's SARS-like virus is spreading worse than expected. Demand for E-commerce services will be expected to heat up in the coming months. Markets will start to price in the future earnings increase of JD.com (NASDAQ: JD). The stock has broken up the black trendlines as shown. The immediate TP of the entire price structure is at least $46.00.

The Donovan Norfolk Technical Rating:
Bullish

DISCLAIMER

This analysis site, as well as the analyses in it, is created for the sole purpose of education, discussion, fundamental analysis knowledge sharing, technical analysis knowledge sharing, funds flow analysis knowledge sharing, general skills-knowledge sharing and opinions sharing. The contents of this blog are not to be taken as investment advice or inducement to trade, and I take no responsibility for any gains or losses as a result of reading my analyses, judgements and opinions. In essence, practise due diligence. 

Sunday, 19 January 2020

Technicals of Platinum and Platinum ETFs (NYSE: PPLT) for Trading/Investing: 19 January 2020


Technicals of Platinum and Platinum ETFs (NYSE: PPLT) for Trading/Investing:
19 January 2020
(Click on the Technical Chart Above to Expand)

Attached is the Technicals for Platinum. Platinum was alerted by a fellow professional in my discussion forum, he is a good trader who is based in the US and is active in US markets, and so I did some further add-ons as above.
All technicals illustrated are self-explanatory: Bullish for Platinum and related ETFs and stocks. I expect further strong-legged upside for platinum. Immediate TP for this ETF (PPLT) is at least at $104.

The Donovan Norfolk Technical Rating:
Bullish

DISCLAIMER

This analysis site, as well as the analyses in it, is created for the sole purpose of education, discussion, fundamental analysis knowledge sharing, technical analysis knowledge sharing, funds flow analysis knowledge sharing, general skills-knowledge sharing and opinions sharing. The contents of this blog are not to be taken as investment advice or inducement to trade, and I take no responsibility for any gains or losses as a result of reading my analyses, judgements and opinions. In essence, practise due diligence. 

Sunday, 29 December 2019

Technicals of Lumber for Trading: 29 December 2019, Sunday


Technicals of Lumber for Trading:
29 December 2019, Sunday
(Click on the Technical Chart Above to Expand)

Attached is the Technicals for Lumber. Lumber is a buy/long now whether for trading or investing for the short-mid term. Australia is burning, and the forest fires are at a critical emergency state now. Huge amount of forests have been burnt in South East Asia, Brazil, US and Australia this year. The market has not fully digested the extent of the damage yet, and with global warming, it will not get any better. The best hedge for many countries' governments is to go into lumber market and buy up lumber ETFs, lumber contracts and lumber derivatives now, so that future expensive wood resources can be subsidized more cheaply by the current hedges of intensive buys. Expect lumber prices to shoot up. The technical chart, with the illustrated tangents, support my point.

The Donovan Norfolk Technical Rating:
Bullish

DISCLAIMER

This analysis site, as well as the analyses in it, is created for the sole purpose of education, discussion, fundamental analysis knowledge sharing, technical analysis knowledge sharing, funds flow analysis knowledge sharing, general skills-knowledge sharing and opinions sharing. The contents of this blog are not to be taken as investment advice or inducement to trade, and I take no responsibility for any gains or losses as a result of reading my analyses, judgements and opinions. In essence, practise due diligence. 

Wilmar International: 29 December 2019, Sunday

Updated Technicals of Wilmar International:
29 December 2019, Sunday
(Click on the Technical Chart Above to Expand)

Attached is the Updated Technicals of Wilmar International. The entire yellow circled region was forewarned by me, before prices moved, that Palm Oil and good palm oil stocks worldwide, such as Wilmar, will make a great bullish rounding bottom for a super rally. When most people were gloom and doom on palm oil, I turned into high optimism. In the middle of this year 2019 and reiterated in 3Q-2019, I had said that palm oil was going to have extreme rally, and it is all happening now, true to my words (refer to past live track records as attached below). Wilmar will challenge for $7.11 long term technical resistance in the resumed cycle for palm oil, and is expected to break up $7.11 resistance like a hot knife cutting through butter.

The Donovan Norfolk Technical Rating:
Bullish

Past Wilmar Analyses:
http://donovan-ang.blogspot.com/search/label/Wilmar

DISCLAIMER

This analysis site, as well as the analyses in it, is created for the sole purpose of education, discussion, fundamental analysis knowledge sharing, technical analysis knowledge sharing, funds flow analysis knowledge sharing, general skills-knowledge sharing and opinions sharing. The contents of this blog are not to be taken as investment advice or inducement to trade, and I take no responsibility for any gains or losses as a result of reading my analyses, judgements and opinions. In essence, practise due diligence. 

Hibiscus Petroleum (KLSE: 5199): 29 December 2019, Sunday

Hibiscus Petroleum (KLSE: 5199): 
29 December 2019, Sunday
(Click on Technical Chart above to Expand)

Attached is the Updated Technicals for Hibiscus Petroleum (KLSE: 5199) that is listed in the KLSE. The stock has broken out of its intra-day critical resistance that was formed over a long period of time within the hourly chart, and is turning critical resistances into critical supports (refer to blue arrowed technicals). Golden Cross has also been executed, with price actions having the ability to consolidate above golden cross. This is bullish in nature. Note that in the long term Technicals of Hibiscus Petroleum, it has the ability to break up of 2.68 pivotal resistance set in 2013 and rally beyond 3.00 psychological resistance. This will be in line with crude oil's bullish cycle (target US$180 per barrel) as reiterated in the past few years. Current price is 0.95, and a move beyond 3.00 would represent multi-bagger gain for investors and longs traders, and an expected +1000% gain to my price entry of below 0.30 (refer to past track records).

The Donovan Norfolk Technical Rating:
Bullish

DISCLAIMER
This analysis site, as well as the analyses in it, is created for the sole purpose of education, discussion, fundamental analysis knowledge sharing, technical analysis knowledge sharing, funds flow analysis knowledge sharing, general skills-knowledge sharing and opinions sharing. The contents of this blog are not to be taken as investment advice or inducement to trade, and I take no responsibility for any gains or losses as a result of reading my analyses, judgements and opinions. In essence, practise due diligence. 

Friday, 20 December 2019

Dow Jones Industrial Average (DJIA): 20 December 2019


Daily Chart of Dow Jones Industrial Average (DJIA): 
20 December 2019
(Click on Technical Chart above to Expand)


Attached is the Dow Jones Industrial Average (DJIA) updated technicals which refuse to go down even on any bad news. Market has proven me wrong. Market-makers seem to be in full control. Hence, I am cutting losses on trying to trade a fake break-up since the break-up of the US markets' critical resistances have been proven real (no bad news can shake the break). I am wrong this time in trying to outsmart the market. I am bullish of US markets and the rest of the world, however I remain bearish on Hong Kong market. Today marks a confirmation day for US strength on the breakup of such highly critical resistance.

DISCLAIMER
This analysis site, as well as the analyses in it, is created for the sole purpose of education, discussion, fundamental analysis knowledge sharing, technical analysis knowledge sharing, funds flow analysis knowledge sharing, general skills-knowledge sharing and opinions sharing. The contents of this blog are not to be taken as investment advice or inducement to trade, and I take no responsibility for any gains or losses as a result of reading my analyses, judgements and opinions. In essence, practise due diligence. 

Tuesday, 17 December 2019

The Hong Kong Hang Seng Index (HSI): 17 December 2019, Tuesday


The Hong Kong Hang Seng Index (HSI): 
17 December 2019, Tuesday
(Click on Technical Chart above to Expand)

Attached is the Hong Kong Hang Seng Index (HSI) which is now a short-sellers' shorting/selling market as demonstrated by my MATRIX recently. Hong Kong is now at red circled high pressure selling zone now. Main wave for Hong Kong remains down and escape waves remain small for chalking up of more shorts against Hang Seng Index and Hong Kong stocks (refer to technical chart).

DISCLAIMER
This analysis site, as well as the analyses in it, is created for the sole purpose of education, discussion, fundamental analysis knowledge sharing, technical analysis knowledge sharing, funds flow analysis knowledge sharing, general skills-knowledge sharing and opinions sharing. The contents of this blog are not to be taken as investment advice or inducement to trade, and I take no responsibility for any gains or losses as a result of reading my analyses, judgements and opinions. In essence, practise due diligence. 

Tuesday, 3 December 2019

The Hong Kong Hang Seng Index (HSI): 3 December 2019, Tuesday


The Hong Kong Hang Seng Index (HSI): 
3 December 2019, Tuesday
(Click on Technical Chart above to Expand)


Attached is the Hong Kong Hang Seng Index (HSI) which is now a short-sellers' shorting/selling market as demonstrated by my MATRIX recently. The blue circled technical regions are where deliberate suppressions occur. The yellow circled regions show where the triple backtests of resistance-layer for Hang Seng Index had been successful. Collectively, the 5 circled yellow regions show the transition from buyers' market into sellers'/short-sellers' market in a merciful ranging for getting out of HK. The mercy is ending soon. Hong Kong's grand slam down is coming.  

DISCLAIMER
This analysis site, as well as the analyses in it, is created for the sole purpose of education, discussion, fundamental analysis knowledge sharing, technical analysis knowledge sharing, funds flow analysis knowledge sharing, general skills-knowledge sharing and opinions sharing. The contents of this blog are not to be taken as investment advice or inducement to trade, and I take no responsibility for any gains or losses as a result of reading my analyses, judgements and opinions. In essence, practise due diligence. 

The S&P 500 Index: 3 December 2019, Tuesday

The S&P 500 Index: 
3 December 2019, Tuesday
(Click on Technical Chart above to Expand)


Attached is the updated Technicals for The S&P 500 Index. Red Technicals and Black Technicals reflect selling is coming. Greed level among the herd worldwide is exceptionally high now. US markets have weakness now. Trump's election period may be Wall Streets' sychronised giving of face-throwing party for Trump. Protect or hedge yourself with more Gold/Gold ETFs. I am expecting Gold $1600 a guarantee, beyond $2000 a 99% probability and $2500-$3000 a 75% probability.

DISCLAIMER
This analysis site, as well as the analyses in it, is created for the sole purpose of education, discussion, fundamental analysis knowledge sharing, technical analysis knowledge sharing, funds flow analysis knowledge sharing, general skills-knowledge sharing and opinions sharing. The contents of this blog are not to be taken as investment advice or inducement to trade, and I take no responsibility for any gains or losses as a result of reading my analyses, judgements and opinions. In essence, practise due diligence. 

Wednesday, 27 November 2019

Hong Kong Hang Seng Index: 27 November 2019, Wednesday


Hong Kong Hang Seng Index: 
27 November 2019, Wednesday
(Click on Technical Chart above to Expand)

Attached is the Hong Kong Hang Seng Index (HSI) Matrix.
Hong Kong market is playing the resistance matrix, i.e. the sellers' market.
Bearish.

DISCLAIMER
This analysis site, as well as the analyses in it, is created for the sole purpose of education, discussion, fundamental analysis knowledge sharing, technical analysis knowledge sharing, funds flow analysis knowledge sharing, general skills-knowledge sharing and opinions sharing. The contents of this blog are not to be taken as investment advice or inducement to trade, and I take no responsibility for any gains or losses as a result of reading my analyses, judgements and opinions. In essence, practise due diligence. 

Thursday, 21 November 2019

China SSEC Index: 21 November 2019, Thursday

China SSEC Index: 
21 November 2019, Thursday
(Click on Technical Chart above to Expand)


Attached is the Updated Technicals for the China SSEC Index.
Market herd is at rapacious level. So if I am smart money, I will eat up the rapacious herd short term in one unexpected swoop, especially those who had been buying China markets thinking that trade war is over with the US-China phase 1 trade deal. This means a repeated pattern as boxed up may be in the brewing, and certain safety precautions such as reducing weight on portfolio, shorting weak stocks like Expedia, tourism stocks and downtrend stocks, and loading up of gold may be necessary as a form of hedge on one's portfolio of investments.

DISCLAIMER
This analysis site, as well as the analyses in it, is created for the sole purpose of education, discussion, fundamental analysis knowledge sharing, technical analysis knowledge sharing, funds flow analysis knowledge sharing, general skills-knowledge sharing and opinions sharing. The contents of this blog are not to be taken as investment advice or inducement to trade, and I take no responsibility for any gains or losses as a result of reading my analyses, judgements and opinions. In essence, practise due diligence. 

Wednesday, 20 November 2019

Updated Technicals on Gold: 20 November 2019, Wednesday


Updated Technicals on Gold:
20 November 2019, Wednesday
(Click on the Technical Chart Above to Expand)

Attached is the Updated Technicals on Gold. This has extremely important implication for all Gold Stocks, SPDR Gold ETFs, Gold Miners and anything related to precious metals. The 2 orange circled zones are zones of massive re-accumulation. The dy/dx = z of the first breakup resulted in where we are now (dark black parallel trajectories). Gold is preparing for next major upwave which will hit a target of guaranteed $1850 per ounce (refer technicals and study in detail). This upmove will be a repeated pattern except that it will be sharper with a dy/dx = w. The gradient w will bring Gold to a measured $1850 in this immediate wave (my longer term wave is a guaranteed >$2000 an ounce). The blue zone is where the dy/dx = z is extremely close to completion brewing for next dy/dx = w that will bring Gold to $1850.

The Donovan Norfolk Technical Rating:
Bullish short term, mid term and long term -- all 3 time frames.


DISCLAIMER

This analysis site, as well as the analyses in it, is created for the sole purpose of education, discussion, fundamental analysis knowledge sharing, technical analysis knowledge sharing, funds flow analysis knowledge sharing, general skills-knowledge sharing and opinions sharing. The contents of this blog are not to be taken as investment advice or inducement to trade, and I take no responsibility for any gains or losses as a result of reading my analyses, judgements and opinions. In essence, practise due diligence. 

VIX Fear Index: 20 November 2019, Wednesday

VIX Fear Index: 
20 November 2019, Wednesday
(Click on Technical Chart above to Expand)

Attached is the Updated Technicals for the VIX Fear Index.
Short term fear is coming to the financial markets.


DISCLAIMER
This analysis site, as well as the analyses in it, is created for the sole purpose of education, discussion, fundamental analysis knowledge sharing, technical analysis knowledge sharing, funds flow analysis knowledge sharing, general skills-knowledge sharing and opinions sharing. The contents of this blog are not to be taken as investment advice or inducement to trade, and I take no responsibility for any gains or losses as a result of reading my analyses, judgements and opinions. In essence, practise due diligence. 

Monday, 18 November 2019

Hang Seng Index: 18 November 2019, Monday

Hang Seng Index: 
18 November 2019, Monday
(Click on Technical Chart above to Expand)

Attached is the Updated Technicals for the Hong Kong Hang Seng Index.
Three elegant technical lines sum up everything.

The Donovan Norfolk Technical Rating for Hong Kong:

Bearish

DISCLAIMER
This analysis site, as well as the analyses in it, is created for the sole purpose of education, discussion, fundamental analysis knowledge sharing, technical analysis knowledge sharing, funds flow analysis knowledge sharing, general skills-knowledge sharing and opinions sharing. The contents of this blog are not to be taken as investment advice or inducement to trade, and I take no responsibility for any gains or losses as a result of reading my analyses, judgements and opinions. In essence, practise due diligence. 

JAKS Resources (KLSE: 4723): 18 November 2019

JAKS Resources (KLSE: 4723):
18 November 2019
(Click on the Technical Chart Above to Expand)

Attached is the updated Technicals on JAKS Resources (KLSE: 4723).
It has formed a massive accumulation and re-accumulation of TRIPLE BOTTOM / INVERSE SHOULDER-HEADER-SHOULDER. The accumulation and re-accumulation is done by extreme shakeout of weak holders (characteristics of triple bottom and inverse shoulder-head-shoulder). Based on technical price structure, the projected price action is illustrated in black. Resistances will break and supports will hold.
Bullish Biased on this power supply utility company

DISCLAIMER
This analysis site, as well as the analyses in it, is created for the sole purpose of education, discussion, fundamental analysis knowledge sharing, technical analysis knowledge sharing, funds flow analysis knowledge sharing, general skills-knowledge sharing and opinions sharing. The contents of this blog are not to be taken as investment advice or inducement to trade, and I take no responsibility for any gains or losses as a result of reading my analyses, judgements and opinions. In essence, practise due diligence. 

Tuesday, 12 November 2019

The Hong Kong Hang Seng Index: 12 Nov 2019, Tuesday

The Hong Kong Hang Seng Index: 
12 Nov 2019, Tuesday
(Click on Technical Chart above to Expand)

Attached is the Updated Technicals for the Hong Kong Hang Seng Index.
Short Hang Seng Index on every intraday rebounds, supports will not hold anymore. HSI is currently doing backtests and confirmations of resistances. Resistances will hold and supports will break for Hang Seng Index (See Technicals Attached).

The Donovan Norfolk Technical Rating for Hong Kong:
Bearish

DISCLAIMER
This analysis site, as well as the analyses in it, is created for the sole purpose of education, discussion, fundamental analysis knowledge sharing, technical analysis knowledge sharing, funds flow analysis knowledge sharing, general skills-knowledge sharing and opinions sharing. The contents of this blog are not to be taken as investment advice or inducement to trade, and I take no responsibility for any gains or losses as a result of reading my analyses, judgements and opinions. In essence, practise due diligence. 

Sunday, 10 November 2019

S&P 500 Index: 10 November 2019, Sunday

S&P 500 Index: 
10 November 2019, Sunday
(Click on Technical Chart above to Expand)
Attached is the Technicals for S&P 500. It has hit major resistance.
I expect correction coming. I do not expect the inverse shoulder-head-shoulder to break up.


DISCLAIMER
This analysis site, as well as the analyses in it, is created for the sole purpose of education, discussion, fundamental analysis knowledge sharing, technical analysis knowledge sharing, funds flow analysis knowledge sharing, general skills-knowledge sharing and opinions sharing. The contents of this blog are not to be taken as investment advice or inducement to trade, and I take no responsibility for any gains or losses as a result of reading my analyses, judgements and opinions. In essence, practise due diligence. 

Deutsche Bank (NYSE: DB): 10 November 2019, Sunday


Deutsche Bank (NYSE: DB): 
10 November 2019, Sunday
(Click on Technical Chart above to Expand)

Attached is the Technicals for Deutsche Bank.
Will Deutsche Bank collapse, go belly up and trigger systemic financial crisis of a tsunami scale?
The answer lies in how worldwide market has been trading the shares of the bank. Attached is the technicals and volume analysis (volume flow) of how the market has been trading Deutsche Bank. Study in detail for insights could be gained from this.


The Donovan Norfolk Technical Rating for Ford:
 No Rating 

DISCLAIMER
This analysis site, as well as the analyses in it, is created for the sole purpose of education, discussion, fundamental analysis knowledge sharing, technical analysis knowledge sharing, funds flow analysis knowledge sharing, general skills-knowledge sharing and opinions sharing. The contents of this blog are not to be taken as investment advice or inducement to trade, and I take no responsibility for any gains or losses as a result of reading my analyses, judgements and opinions. In essence, practise due diligence. 

Thursday, 7 November 2019

Ford (NYSE: F): 7 November 2019, Thursday, 12.58am Singapore Time (6 Nov US Time)


Ford (NYSE: F): 
7 November 2019, Thursday, 12.58am Singapore Time (6 Nov US Time)
(Click on Technical Chart above to Expand)
Attached is the Technicals for Ford. Observe the technicals in detail, in particular paying attention to my red band, brown band and black band of resistances suppressing Ford. Ford will continue to be shorted down and be hammered down as illustrated by the red trajectory. The SCTR is deteriorating to the point of F for Ford. The resistances that are acting on the current price action means heavy selling is expected to come for Ford because these resistances are significantly bearish resistances of high selling pressure.

The Donovan Norfolk Technical Rating for Ford:
 Bearish (Short/Sell)

DISCLAIMER
This analysis site, as well as the analyses in it, is created for the sole purpose of education, discussion, fundamental analysis knowledge sharing, technical analysis knowledge sharing, funds flow analysis knowledge sharing, general skills-knowledge sharing and opinions sharing. The contents of this blog are not to be taken as investment advice or inducement to trade, and I take no responsibility for any gains or losses as a result of reading my analyses, judgements and opinions. In essence, practise due diligence.